Feb 27 (Reuters) - Seacoast Banking Corporation of

Florida ( SBCF ):

* SEACOAST ANNOUNCES THE ACQUISITION OF HEARTLAND

BANCSHARES, INC.

* SEACOAST BANKING CORPORATION OF FLORIDA ( SBCF ): TRANSACTION IS

EXPECTED

TO BE ACCRETIVE TO EARNINGS IN 2026

* SEACOAST- BASED ON SEACOAST'S CLOSING PRICE AS OF FEB 26,,

AGGREGATE VALUE OF MERGER CONSIDERATION TO BE PAID BY CO WOULD

BE APPROX $110 MILLION

* SEACOAST BANKING CORPORATION OF FLORIDA ( SBCF ): SHAREHOLDERS WILL

HAVE

ABILITY TO ELECT TO RECEIVE STOCK, CASH, OR A MIX OF 50% CASH

AND 50% STOCK

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